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Taihei Machinery Works,Limited (6342) · FactAdvanced

Lower revenue and earnings for the nine months ended the third quarter; remained profitable

First written in FY2017-Q3. 1 of 9 entries say "Restated". Latest entry: FY2024-Q3.

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ProgressHeldSoftenedWorseOtherFY2017-Q3 – FY2023-Q32017: 220172018: 120182019: 120192020: 120202021: 120212022: 120222023: 120232024: 1
Same theme, other companies
Broad-Based Revenue and Earnings Decline in the Third QuarterA theme 34 companies write about · 51 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2023: 2 of 8 companies on the "Worse" side.

0 other companies' latest entry also says "Advanced".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 34 companies compared. The sentences above are computed from all 34.
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  1. FY2024-Q3AdvancedAnnual report

    「As a result, for the nine-month consolidated period, revenue was ¥6,216 million, up 33.1% year on year. Although selling, general and administrative expenses increased, including advertising expenses for exhibiting at trade shows in Japan and overseas, operating profit was ¥893 million, up 83.8%; ordinary profit was ¥909 million, up 78.3%; and profit attributable to owners of the parent was ¥612 million, up 75.3%.」

    The nine-month cumulative results included a 33.1% increase in revenue, with operating profit, ordinary profit, and profit attributable to owners of the parent all exceeding the year-earlier levels.
  2. FY2023-Q3Higher Revenue and Significant Profit GrowthAnnual report

    「As a result, for the nine-month consolidated period, revenue was ¥4,670 million, up 43.1% year on year. Operating profit was ¥486 million, compared with ¥3 million in the same quarter of the previous year; ordinary profit was ¥509 million, up 535.9%; and profit attributable to owners of the parent was ¥349 million, compared with ¥29 million.」

    The nine-month cumulative results included a 43.1% increase in revenue, with operating profit of ¥486 million, ordinary profit of ¥509 million, and profit attributable to owners of the parent of ¥349 million.
  3. FY2022-Q3Higher revenue; operating results remained profitable, while ordinary profit and net profit declinedAnnual report

    「Revenue was ¥3,264 million, compared with revenue of ¥2,737 million in the same quarter of the previous year. Operating profit was ¥3 million, compared with ¥0 million; ordinary profit was ¥80 million, compared with ¥101 million; and profit attributable to owners of the parent was ¥29 million, compared with ¥42 million.」

    The nine-month cumulative results included higher revenue, and operating results remained profitable, but ordinary profit and net profit declined.
  4. FY2021-Q3Continued revenue decline; operating results turned profitableAnnual report

    「As a result, for the nine-month consolidated period, revenue was ¥2,737 million, down 47.1% year on year. Operating profit was ¥0 million, down 99.8%; ordinary profit was ¥101 million, down 83.1%; and profit attributable to owners of the parent was ¥42 million, down 89.9%.」

    Although revenue declined 47.1% in the nine-month cumulative period and operating results fell sharply from the operating profit recorded in the same period of the previous year, operating results remained profitable at ¥0 million, while ordinary profit and net profit remained positive.
  5. FY2020-Q3From declining revenue and losses to rising revenue and profitabilityAnnual report

    「Revenue was ¥5,174 million, up 85.8% year on year. Operating profit was ¥585 million, compared with an operating loss of ¥287 million in the same quarter of the previous year. Ordinary profit was ¥598 million, compared with an ordinary loss of ¥265 million, and profit attributable to owners of the parent was ¥424 million, compared with a quarterly net loss of ¥178 million.」

    The nine-month cumulative results shifted from lower revenue and operating losses, among other items, in the same period of the previous year to higher revenue, up 85.8%, and a return to profitability, including operating profit of ¥585 million.
  6. FY2019-Q3From higher revenue and profit to declining revenue and lossesAnnual report

    「However, because deliveries were concentrated in the fourth quarter, results for the cumulative nine-month period of the current consolidated fiscal year were revenue of ¥2,784 million, down 40.0% year on year; an operating loss of ¥287 million, compared with operating income of ¥472 million in the same period last year; an ordinary loss of ¥265 million, compared with ordinary income of ¥483 million; and a quarterly net loss attributable to owners of the parent of ¥178 million, compared with quarterly net income attributable to owners of the parent of ¥324 million.」

    The nine-month cumulative results shifted from higher revenue and higher profit in the same period of the previous year to a 40.0% decline in revenue, with operating, ordinary, and net results all turning into losses.
  7. FY2018-Q3From lower revenue and lower earnings to higher revenue and higher earningsAnnual report

    「As a result, net sales were ¥4,638 million, up 19.5% year on year. Operating profit was ¥472 million, up 53.5%, ordinary profit was ¥483 million, up 52.0%, and quarterly net income attributable to owners of the parent was ¥324 million, up 45.6%.」

    In the nine-month consolidated period, results shifted from lower revenue and lower profit in the same period of the previous year to higher revenue and higher profit, with revenue, operating profit, ordinary profit, and profit attributable to owners of the parent all exceeding the year-earlier levels.
  8. FY2017RestatedAnnual report

    「Third quarter Net sales ¥3,881,635 thousand Quarterly net income or net loss attributable to owners of the parent (△) ¥222,963 thousand」

    The first nine months' decline in revenue and continued profitability can also be confirmed in the full-year quarterly information.
  9. FY2017-Q3First statedAnnual report

    「As a result, net sales were ¥3,881 million, down 32.5% year on year. Operating profit was ¥307 million, down 30.8%, ordinary profit was ¥318 million, down 29.1%, and quarterly net income attributable to owners of the parent was ¥222 million, down 15.9%.」

    The first nine months of the consolidated fiscal year saw lower revenue and profit year on year, but operating profit, ordinary profit and quarterly net income attributable to owners of the parent all remained positive.
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Lower revenue and earnings for the nine months ended the third quarter; remained profitable | Taihei Machinery Works,Limited (6342) | Komori